Amica Mutual Insurance Company Trimmed Eaton Plc (ETN) Holding By $942,549; KT (KT) Shorts Up By 4.82%

May 26, 2018 - By Marie Mckinney

KT Corporation (NYSE:KT) Logo

Amica Mutual Insurance Company decreased Eaton Corp Plc (ETN) stake by 40.29% reported in 2017Q4 SEC filing. Amica Mutual Insurance Company sold 11,931 shares as Eaton Corp Plc (ETN)’s stock rose 2.84%. The Amica Mutual Insurance Company holds 17,680 shares with $1.40 million value, down from 29,611 last quarter. Eaton Corp Plc now has $34.23B valuation. The stock decreased 0.81% or $0.64 during the last trading session, reaching $78.27. About 1.69M shares traded. Eaton Corporation plc (NYSE:ETN) has risen 9.67% since May 26, 2017 and is uptrending. It has underperformed by 1.88% the S&P500.

KT Corporation (NYSE:KT) had an increase of 4.82% in short interest. KT’s SI was 2.03 million shares in May as released by FINRA. Its up 4.82% from 1.93 million shares previously. With 924,500 avg volume, 2 days are for KT Corporation (NYSE:KT)’s short sellers to cover KT’s short positions. The SI to KT Corporation’s float is 0.44%. The stock increased 1.15% or $0.15 during the last trading session, reaching $13.22. About 300,090 shares traded. KT Corporation (NYSE:KT) has declined 21.81% since May 26, 2017 and is downtrending. It has underperformed by 33.36% the S&P500.

Among 31 analysts covering Eaton Corporation (NYSE:ETN), 13 have Buy rating, 2 Sell and 16 Hold. Therefore 42% are positive. Eaton Corporation had 94 analyst reports since July 31, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Thursday, July 13 by Jefferies. As per Wednesday, January 3, the company rating was upgraded by Robert W. Baird. The company was initiated on Thursday, October 15 by Avondale. The company was initiated on Monday, October 19 by Credit Agricole. The stock of Eaton Corporation plc (NYSE:ETN) earned “Neutral” rating by JP Morgan on Thursday, March 1. RBC Capital Markets maintained it with “Hold” rating and $7800 target in Monday, June 5 report. As per Thursday, August 17, the company rating was downgraded by JP Morgan. Stifel Nicolaus maintained Eaton Corporation plc (NYSE:ETN) on Wednesday, August 2 with “Hold” rating. The stock of Eaton Corporation plc (NYSE:ETN) has “Hold” rating given on Tuesday, January 2 by Stifel Nicolaus. The stock of Eaton Corporation plc (NYSE:ETN) earned “Buy” rating by Jefferies on Monday, March 26.

More news for Eaton Corporation plc (NYSE:ETN) were recently published by: Seekingalpha.com, which released: “Eaton Not Getting Much Love At All” on May 02, 2018. Seekingalpha.com‘s article titled: “Eaton +1.3% after raising guidance” and published on May 01, 2018 is yet another important article.

Analysts await Eaton Corporation plc (NYSE:ETN) to report earnings on August, 7. They expect $1.30 EPS, up 13.04% or $0.15 from last year’s $1.15 per share. ETN’s profit will be $568.48 million for 15.05 P/E if the $1.30 EPS becomes a reality. After $1.10 actual EPS reported by Eaton Corporation plc for the previous quarter, Wall Street now forecasts 18.18% EPS growth.

Investors sentiment increased to 1.15 in Q4 2017. Its up 0.15, from 1 in 2017Q3. It improved, as 41 investors sold ETN shares while 281 reduced holdings. 104 funds opened positions while 267 raised stakes. 331.54 million shares or 0.44% more from 330.10 million shares in 2017Q3 were reported. Cubist Systematic Strategies Ltd Limited Liability Company accumulated 14,874 shares. Signaturefd Llc holds 0.03% of its portfolio in Eaton Corporation plc (NYSE:ETN) for 2,740 shares. 14,317 are held by Bb&T Corp. Toronto Dominion Retail Bank holds 190,038 shares. Tru Of Vermont reported 54,972 shares or 0.4% of all its holdings. Forward Lc invested in 0.11% or 12,274 shares. Pring Turner Capital Grp Inc reported 2.93% stake. Reliant Investment Mngmt Ltd Liability has 2,890 shares. Sigma Planning owns 14,964 shares. Sandy Spring Bancorp has invested 0.01% in Eaton Corporation plc (NYSE:ETN). Zeke Capital Advsrs Lc invested in 5,451 shares or 0.05% of the stock. Blb&B Ltd Limited Liability Company stated it has 8,380 shares or 0.09% of all its holdings. Commerzbank Aktiengesellschaft Fi has 0.01% invested in Eaton Corporation plc (NYSE:ETN) for 9,544 shares. Busey holds 8,323 shares or 0.08% of its portfolio. First Interstate State Bank owns 534 shares.

Amica Mutual Insurance Company increased Argan Inc (NYSE:AGX) stake by 7,408 shares to 23,773 valued at $1.07M in 2017Q4. It also upped Invitation Homes Inc stake by 69,540 shares and now owns 139,374 shares. Digital Realty Trust Inc (NYSE:DLR) was raised too.

Among 4 analysts covering KT (NYSE:KT), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. KT had 4 analyst reports since September 16, 2015 according to SRatingsIntel. The firm has “Buy” rating by HSBC given on Wednesday, April 27. On Friday, July 28 the stock rating was upgraded by Nomura to “Buy”. Macquarie Research upgraded KT Corporation (NYSE:KT) on Wednesday, September 16 to “Outperform” rating. The stock of KT Corporation (NYSE:KT) earned “Neutral” rating by Goldman Sachs on Tuesday, October 6.

KT Corporation provides telecommunications services in Korea. The company has market cap of $6.18 billion. The firm offers fixed-line telephone services, including local, domestic long-distance, and international long-distance fixed-line and voice over Internet protocol telephone services, as well as interconnection services; Internet phone services; broadband Internet access and other Internet-related services, including Internet protocol television services; and data communication services, including leased line and dedicated broadband Internet connection services to institutional customers. It has a 14.55 P/E ratio. It also provides mobile voice and data telecommunications services; and credit card processing and other financial services, as well as sells mobile handsets.

Investors sentiment decreased to 1.16 in Q4 2017. Its down 0.70, from 1.86 in 2017Q3. It worsened, as 20 investors sold KT Corporation shares while 36 reduced holdings. 15 funds opened positions while 50 raised stakes. 111.78 million shares or 8.30% more from 103.21 million shares in 2017Q3 were reported. Gam Holdg Ag reported 185,938 shares. Foyston Gordon & Payne accumulated 0.33% or 110,737 shares. Glenmede Na reported 0% in KT Corporation (NYSE:KT). Moreover, Cubist Systematic Strategies Lc has 0.02% invested in KT Corporation (NYSE:KT). Mittleman Brothers Ltd Com holds 10.05% or 1.44M shares. Washington-based Washington Trust Bankshares has invested 0% in KT Corporation (NYSE:KT). Limited Ca invested in 0.24% or 80,400 shares. Kopernik Global Ltd Liability Company has invested 6.78% in KT Corporation (NYSE:KT). Panagora Asset Management owns 29,219 shares. Signaturefd Limited Liability Company stated it has 15,908 shares. Victory Capital Management Inc accumulated 5,917 shares. Bank Of Mellon holds 0% of its portfolio in KT Corporation (NYSE:KT) for 79,521 shares. Ny State Common Retirement Fund holds 0.01% in KT Corporation (NYSE:KT) or 324,502 shares. Regions has invested 0% in KT Corporation (NYSE:KT). Janney Montgomery Scott Lc invested in 10,770 shares.

More important recent KT Corporation (NYSE:KT) news were published by: Prnewswire.com which released: “KT Showcases 5G Innovation at the World IT Show 2018” on May 23, 2018, also Prnewswire.com published article titled: “KT Corp. Launches Task Force for Inter-Korean Cooperation”, Seekingalpha.com published: “KT Corporation 2018 Q1 – Results – Earnings Call Slides” on May 03, 2018. More interesting news about KT Corporation (NYSE:KT) was released by: Prnewswire.com and their article: “KT Corp. Files 2017 Annual Report on Form 20-F” with publication date: May 09, 2018.

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